Britain's JD Sports promised on Tuesday to back up its purchase of U.S. chain Finish Line by investing £200 million over the next five years after overseas growth helped fuel a 19 percent rise in first-half earnings.
JD Sports is a business that can't seem to put a foot wrong at the moment and after a stunning first half it said H2 has started well. While its Outdoor business suffered from the hot summer, its main chain is on a roll.
A U.S. police investigation into an allegation of rape against JD.com Inc CEO Richard Liu has hammered the e-commerce giant’s shares, with the case laying bare risks posed by his iron grip on management.
Chinese e-commerce firm JD.com has agreed a deal with Unilever to move products like Lipton's tea and Lux soap between warehouses across China as the consumer goods firm looks to expand sales in China.
JD Sports has added a a new multi-stream music entertainment platform, called JD-X, to its in-store offer and to its mobile app as entertainment becomes a key feature of both store and online shopping.